Needless To Say there are no changes to our $NKE chart and Bill Ackman has confirmed what we already thought about $NKE as a long term hold.
Bill likely bought $NKE before the start of June, so he will be down on his position, we don't know if he added lower in this quarter however
I suspect he has been adding since the price dropped to the last Fib level at $73
Price has bounced here to $81, you are still very very early here, you have missed nothing
We also do not have a higher low yet either, we will observe this happening and update the group, this will be an ideal to place to add if you want to follow Bill.
But if he liked it above $88, you should like it here at $81.
Lyndon Richards
2024-08-15 12:06:39 +0000 UTC